Tesla stock rises 9% as EV maker reportedly wins tentative nod to launch FSD in China
) has won tentative approval from Beijing to launch its driver assistance software in China, the Wall Street Journal reported on Monday.
Beyond its established search engine operations, Baidu has ventured extensively into autonomous driving and artificial intelligence technologies. "Musk winning FSD approval in the key China market is a watershed moment for the Tesla story in our view," Wedbush analysts said in a note.
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